SCIDEV LTD — Investor Presentation 2021

Sep 5, 2021

FY21 Investor Presentation

Lewis Utting

MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

Making Water Work Harder

SciDev brings together worldclass technology, chemistry and application expertise to solve pressing operational and environmental issues for the water, oil and gas, mining and construction markets

SciDev is a leader in the environmental solutions market focused on water intensive industries. Our solutions allow our clients to:

• Recycle and reuse water
• Reduce waste footprints and costs
• Improve operational efficiencies

Our unique solutions provide:

The only commercialised, sustainable approach to tackle the global PFAS problem

Environmentally better outcomes for our clients when dealing with liquid wastes in the Mining, Construction and Oil & Gas verticals

SciDev target four global key verticals

Mining & Mineral Processing

Oil & Gas

Infrastructure & Construction

Water Treatment

1. FY21 included contribution from SciDev Water Services Pty Ltd, the acquirer of the Haldon business. Contribution from SciDev Water Services was recognised from 12 May 2021 to end of the financial year

SCIDEV | INVESTOR PRESENTATION 4

SciDev Solutions

Addressable Market

FY21

Mining & Mineral Processing Oil & Gas Infrastructure

SciDev is an industry leader in solids-liquid separation in the mining and mineral processing sector.

US $2bn

Global mineral processing chemistry market.

Engineered performance solutions to recycle, reuse and minimise oilfield water waste.

US $2bn

Specialty and production chemical market in US oil and gas industry.

Revenue1 A$15m A$15m A$7m A$5m

& Construction Water Treatment

Reduce costs and operational downtime in the infrastructure and construction sectors.

US $1bn

Infrastructure and construction dewatering chemistry market.

Leading environmental solution provider of BOO, D&C water treatment plants for nutrient, heavy metal and organic pollutant removal

US $6bn

PFAS, municipal and industrial water treatment market.

SCIDEV | INVESTOR PRESENTATION

1. FY21 included contribution from SciDev Water Services Pty Ltd, the acquirer of the Haldon business. Contribution from SciDev Water Services was recognised from 12 May 2021 to end of the financial year

Record Profit

A$000	FY211	FY20	% CHANGE
Revenue	42,525	18,061	135%
Other Income	1,712	588	191%
Raw Materials, Consumables, Change in Inventory	-32,366	-14,955	116%
Employee expenses	-6,254	-2,845	120%
Other Expenses	-4,811	-3,125	54%
Profit (loss) after Tax	3,453	-875	495%
Cash and cash equivalents	7,010	4,481	56%

Operational Highlights

Extensive field trials conducted across a range of commodities

Strong growth in Water Treatment

Mineral Processing

• Continued innovation in mineral sands, delivering excellent outcomes at Iluka's Jacinth/Ambrosia
• Supply contract award with Société Le Nickel (a subsidiary of Eramet) to provide MaxiFlox® chemistry for SLN's New Caledonian nickel operations
• Expansion into iron ore with field qualifications announced at Fortescue Metal Group's Solomon Hub

Infrastructure & Construction

• Works were completed on CYP Design and Construction Joint Venture on the Melbourne Metro Tunnel
• Successful project delivery from the SciDev team opens opportunities within the tunnel boring section of the infrastructure sector on a global basis

Oil & Gas

• Extension of the relationship with ExxonMobil via purchase order for chemistry and associated professional services
• Successful transition from R&D to field validation of CatCheck® chemistry with BP in the Eagle Ford basin
• Activities in the Canadian oilsands industry are on track with progress outcomes to be reported in CY 2021

Water Treatment

• The acquisition of Haldon Industries' expanded SciDev's presence and complemented our existing technology in the rapidly growing Water Treatment & PFAS sectors
• SciDev Water Services was awarded the contract to design, construct and commission a Leachate Treatment Plant for Sydney's A$2.6 billion Gateway Road Project

Our Business

The market opportunity & competitive landscape

SciDev is focused on delivering environmental solutions for water intensive industries which is a US$11 billion sector within the broader US$100bn global commodity chemistry market.

SciDev has significant opportunity for growth. Our current operational footprint is as follows:

THE COMPETITION

Bespoke solutions are our competitive advantage

Our unique combination of world-class technology, chemistry and application expertise enables us to deliver site-specific solutions to deliver better outcomes for our clients

60 P EOP LE

>80%

o f o u r s t a f f a r e t e r t i a r y e d u c a t e d a s s c i e n t i s t s , e n g i n e e r s , c h e m i s t s , g r e a t l y a i d i n g o u r b u s i n e s s d e v e l o p m e n t p r o c e s s

RESREARCH

>150hrs

o f r e s e a r c h p e r c l i e n t t o d e v e l o p a b e s p o k e c h e m i s t r y s o l u t i o n t o m e e t t h e i r s p e c i f i c r e q u i r e m e n t s

SOLUTIONS

12

n e w s o l u t i o n s d e v e l o p e d a n d c o m m e r c i a l i s e d b y S c i D e v t o s p e c i f i c a l l y a d d r e s s a c l i e n t s u n i q u e e n v i r o n m e n t a l p r o b l e m

EFFICIENCY

>20%

o p e r a t i o n a l e f f i c i e n c y g e n e r a t e d b y o u r o f f e r w h e n w e a r e t h e p r o v i d e r o f s e r v i c e s , t e c h n o l o g y a n d c h e m i s t r y

COST SAVING

>20%

s a v i n g o n a c l i e n t s c o s t b a s e b y u s i n g S c i D e v c h e m i s t r y a n d p r o f e s s i o n a l s o l u t i o n s w h e n a s s e s s i n g t h e t o t a l c o s t o f o w n e r s h i p ( T O C )

THE PFAS SOLUTION

Polyfluoroalkyl substances (PFAS) are man made chemicals

PFAS remains in the environment resulting in increasing levels of contamination

Soil contaminated with PFAS presents major excavation and soil management challenges in large scale construction and infrastructure projects

SCIDEV | INVESTOR PRESENTATION

PFAS Treatment

• PFAS has become a growing issue in mining, construction and infrastructure projects in Australia and across the globe.
• Every PFAS project is different and requires a tailored approach. This drives efficiency.
• SciDev Water designs and develops robust PFAS treatment strategies considering all variables and outcomes.
• Removal rates being achieved with our clients are currently the most efficient in the country reducing residual levels below existing detection limits.
• Significant ability for SciDev to deliver a full treatment solution to major infrastructure and construction projects on their water treatment and PFAS remediation requirements.
• SciDev Water has been successful in creating a profitable business in the growing market for treating PFAS with internally developed IP.

Outlook

SciDev has a strong growth pipeline and is well positioned to deliver sustainable growth in FY22 and beyond.

S A F E T Y Ongoing focus on the health and safety of all our employees

R E V E N U E

Continued focus on increasing sales and cash conversion in all regions and verticals

R E L A T I O N S H I P

Progress commercial discussions post field validation of SciDev chemistry across numerous business development opportunities

T E C H N O L O G Y

Execution of the company's strategic growth objectives as it relates to technology and market development across several verticals and geographies

S E C T O R

Integration of the SciDev Water Services business, strengthening SciDev's position as a leading provider in the environmental solutions market

G R O W T H Ongoing assessment of strategic growth opportunities globally

The Appendix

SCIDEV | INVESTOR PRESENTATION 14

T H E I N F O Y O U M I G H T N E E D

SciDev Snapshot

Corporate overview
ASX code	SDV
Market cap (at $0.94 per share)	$149m
Shares on issue	158m
Cash at bank	$7.0m1
Working Capital Facilities	$6.8m2

Major shareholders3	% held
Nuoer Group	6%
Board and Management	8%
Institutional	25%
Retail	61%

Nuoer Group: Leading chemical company. SciDev has exclusive marketing rights in Oceania and support globally for key target end users and industries

1. As at 30 June 2021

2. Drawn $0.3m at 30 June 2021

3. As at 21 April 2021

Vaughan Busby NON-EX ECU TIVE CH A IR

Lewis Utting CH IEF EX ECU TIVE OFFICER & MA NA GING

Simone Watt NON-EXECUTIVE DIRECTOR

DIRECTOR

SCIDEV | INVESTOR PRESENTATION 15

Heath Roberts COMPA NY S ECRETA RY

DIRECTOR

S C I D E V B O A R D E X E C U T I V E M A N A G E M E N T T E A M

Jamiel Muhor BU S INES S DEVEL OPMENT

Jeffrey Zhiang MA RKETING & S TRA TEGY DIRECTOR

Ben Gill TECH NICA L DIRECTOR

6/09/2021

COMMERCIA L DIRECTOR

Jake Reardon TECH NICA L DIRECTOR

Dan O'Toole NON-EX ECU TIVE DIRECTOR

Craig McCloskey INTEGRA TION DIRECTOR

Kevin Smith PRES IDENT NORTH A MERICA

Disclaimer

Important Information

This presentation has been prepared by SciDev Ltd (SciDev) based on information available to it as at the date of this presentation. The information is provided in summary form and does not contain all information necessary to make an investment decision. Hence, no representation is made as to the accuracy, completeness or reliability of the information.

In addition, neither SciDev nor any of its subsidiaries, directors, employees, shareholders nor any other person shall have liability whatsoever to any person for any loss, including without limitation from any fault or negligence arising from this presentation or any information supplied in connection with it. This presentation may contain forward-looking statements and projections. These reflect SciDev's current expectations, based on what it believes to be reasonable assumptions.

SciDev gives no warranty or representation as to its future financial performance or any future matter. Except as required by law or ASX listing rules, SciDev is not obliged to update this presentation after its release, even if matters change materially.

This presentation does not constitute financial advice. Further, this presentation is not and should not be construed as an offer to sell or a solicitation of an offer to buy SciDev securities and may not be relied upon in connection with any purchase of SciDev securities.

Contact

www.scidev.com.au

C E O & M D

Lewis Utting

(+61) 2 9622 5185

I N V E S T O R R E L A T I O N S

Craig Sainsbury

craig.sainsbury@marketeye.com.au

0428 550 499